Apollo gives investors only 45% of requested withdrawals from $15 billion private credit fund

Apollo gives investors only 45% of requested withdrawals from billion private credit fund

Key Points

Apollo’s $15 billion private credit fund received withdrawal requests equal to 11.2% of shares — more than double its 5% quarterly cap — and will return just 45 cents on the dollar to investors.
Unlike rivals including Blackstone, which recently relaxed redemption limits to meet investor demand, Apollo is holding firm at the 5% cap, framing the restriction as a value-protection measure.
Despite Apollo’s efforts to distance itself from private credit peers by emphasizing loans to large, stable companies, software is the fund’s single biggest sector at 12.3% of its portfolio.

Source

Finance

How much further does this Teflon market have to go? Here’s what traders say

May 8, 2026

Key Points The S&P 500 crossed 7,400 for the first time on Friday, and traders on prediction markets platform Kalshi place 59% odds the index crosses 8,000 in 2026. That index crossed 7,000 for the first time in January. Source

Finance

Stocks making the biggest moves premarket: Cloudflare, Akamai Technologies, JFrog, Trade Desk & more

May 8, 2026

Check out the companies making the biggest moves premarket: Akamai Technologies — Shares surged 27% after the cybersecurity and cloud computing company said a leading U.S.-based frontier model provider has committed to $1.8 billion over seven years for its Cloud Infrastructure Services. Akamai also reported a first-quarter adjusted earnings beat, while its revenue came in […]

Finance

Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths

May 8, 2026

Key Points Iran war may dominate the first U.S. presidential visit to China since 2017. U.S. business delegation may be smaller than those other countries have brought to China recently, according to a source familiar with the matter. The timing of the next meeting — Chinese President Xi Jinping’s visit to the U.S. — is […]